Citi and Goldman Sachs anticipate closing the financing of the 550 megawatts Desert Sunlight Solar Farm in next few days, possibly tomorrow. The $1.8 billion financing supporting the construction of the project, which NextEra Energy and GE Energy Financial Services recently acquired from First […]
Silver Spring Networks, the smartgrid company partly backed by Google, has filed for a $150 million Initial Public Offering, according to a Securities and Exchange Commission (SEC) document. Morgan Stanley, Goldman Sachs, and Credit Suisse are listed as underwriters. Silver Spring’s S1 filing […]
BrightSource Energy, the California developer of Concentrated Solar Power (CSP) plants, is eyeing an initial public offering in 2011. However, before hiring any underwriters, BrightSource will work hard to prove to potential investors that its technology works, writes Reuters, which first reported the […]
After a couple of years of sustained growth, U.S. wind power investments have fallen off the cliff over the past year, pummeled by a combination of record-low natural gas prices, low power prices and ongoing uncertainty over the expansion of key federal stimulus […]
UPDATE — 10.25.10: For UK corporate matters Clipper Windpower is advised by Partner Jeffrey Elway and Solicitor David Ponsford of London firm Lawrence Graham. Chadbourne & Parke Partners Edward Zaelke in Los Angeles and Rich Sonkin in New York as well as Associates […]
Morgan Stanley's iconic headquarter in New York The renewable energy and cleantech sector is ripe for a wave of consolidation and Wall Street banks don’t want to miss out on this potentially lucrative stream of green advisory fees. That’s why a growing number […]
Pacific Gas and Electric (PG&E), the San Francisco utility and one of the country’s leading buyer of solar and wind power, has signed a long-term power purchase agreement with NextLight Renewable Power for the output of its 290 megawatts Agua Caliente solar project in Arizona. […]
Total’s exit strategy from its early-stage investments is becoming clearer by the month. Last Friday Englewood, Colo., biofuel maker Gevo filed for an Initial Public Offering (IPO) to raise $150 million. Advising the start-up are UBS, Goldman Sachs?as well as Piper Jaffray.